Workers in crisis-hit sectors face savings crisis
COVID-19 causes savings gap to widen.
Amendments to the Finance Bill 2020
Amendments to the Finance Bill include treating coronavirus payments as taxable income, not disadvantaging those who came out of retirement or usually work abroad to help in the pandemic, treating Covid-19 as an exceptional circumstance for higher rate SDLT reclaims and encouraging Future Fund investors.
Could the Chancellor cut taxes for businesses?
Temporary measures set to be announced in early July ‘fiscal event’.
COVID-19 scam offers fake business grants
Fraudsters target retail, hospitality and leisure firms.
Taxation of Coronavirus Support Payments
Government launches consultation on proposed tax treatment of Coronavirus support grant payments. Responses required by 12 June.